New startup...


D

[-=Dan=-]

Hi,

I have just started a small business, an IT Consultancy to small businesses
initially in my local area. I am also currently employed full time by
another company. Does anyone have any advice regarding my tax situation, NI
and such things? I formed a limited company, and I am a director of that
company, so I guess I am employed by two companies now?

For these first couple of months, I probably won't be doing a lot of work
for my own company because I'm so busy with my 'employed' role. When I do
start bringing money in, what's the best way to get this money out of the
business to myself? Dividends or Salary? Any other way?

Any pointers appreciated

Dan
 
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D

[-=Dan=-]

DoobieDo said:
OMG, another one!!

this question is asked at least twice a month, start by reading
http://surl.co.uk/?1288
Righto. I've found some decent information from that link, thanks again. One
thing I was kidding myself about was that maybe I didn't need an accountant,
but I now realise I do.

Anyone recommend a small-business accountant in the Warrington area?

Thanks

Dan
 
D

DoobieDo

Anyone recommend a small-business accountant in the Warrington area?
another question that we get a lot... not necessarily Warrington of
course.... so someone here sticks their hand up and says "I'm good".

How the flook are we supposed to know?

The usual reply without pointing you towards the short url places is
"ask your business collegues, friends down the pub, those people in the
next office to you etc."

You aren't necessarily gonna need him/her immediately, the local Revenue
office can give you all the advice and forms you need to get going in
business, blimey you can even download them in PDF format nowadays.

When you've had a month or two experience you'll know exactly who you
need!!
Thanks
Welcome

Dan
Do
 
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P

Peter Saxton

another question that we get a lot... not necessarily Warrington of
course.... so someone here sticks their hand up and says "I'm good".

How the flook are we supposed to know?

The usual reply without pointing you towards the short url places is
"ask your business collegues, friends down the pub, those people in the
next office to you etc."

You aren't necessarily gonna need him/her immediately, the local Revenue
office can give you all the advice and forms you need to get going in
business, blimey you can even download them in PDF format nowadays.

When you've had a month or two experience you'll know exactly who you
need!!
You'll also know exactly what you should have done instead of what you
had done!
 
M

Mark & Ana Jones

Righto. I've found some decent information from that link, thanks
again. One thing I was kidding myself about was that maybe I didn't
need an accountant, but I now realise I do.

Anyone recommend a small-business accountant in the Warrington area?

Thanks

Dan
Your local Chamber of Coimmerce should be able to point you in the right
direction of one of those "Business Advisory Services" - usually a free
service run by ex-bank managers, tax advisors, accountants and the
occassional guru. They will have your questions answered in seconds and will
recommend suitable accountants, banks, vehicle HP/leasing firms, factoring
comnpanies etc

The advantage is that you wont be critisised or wound up by trolls that lurk
in here.

Good luck

Mark
 
Last edited by a moderator:
D

[-=Dan=-]

Mark & Ana Jones said:
Your local Chamber of Coimmerce should be able to point you in the right
direction of one of those "Business Advisory Services" - usually a free
service run by ex-bank managers, tax advisors, accountants and the
occassional guru. They will have your questions answered in seconds and
will
recommend suitable accountants, banks, vehicle HP/leasing firms,
factoring
comnpanies etc

The advantage is that you wont be critisised or wound up by trolls that
lurk
in here.

Good luck

Mark
Mark,

thanks for the great pointers, really appreciate it. I'll certainly follow
them up.

As for trolls, I've been using usenet for long enough to recognise the
attention-seeking, unfulfilled idiots. There's always at least one in every
group...

Thanks again

Dan
 
Last edited by a moderator:
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